Its 7,696 BTC reserve now has to remain legible through a drawdown, wallet scrutiny, and program conditions.
“Despite whales deploying capital, weak structure and bearish momentum keep downside risks elevated for BTC.
June 29, 2026, 3:00 amBitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.
June 29, 2026, 2:32 am
House lawmakers spotlighted bitcoin as a challenge to authoritarian governments after Representative William Timmons said cryptocurrency could mark the “beginning of the end” of authoritarian rule. At a House roundtable, participants discussed financial repression, China’s digital-currency ambitions, and U.S. leadership in digital-asset policy.
Bitcoin is trading near $60,000 in late June 2026, more than 50% below its 2025 all-time high above the $126,000 zone, and eight competing forces are determining whether that floor holds or breaks. Where Bitcoin Stands The drawdown places bitcoin in one of its more extended corrective phases of the current cycle.
IBIT still dominates the spot Bitcoin ETF market, but Farside's latest flow data shows its scale can now work in reverse when Bitcoin needs fresh spot demand around $60,000.
With bitcoin languishing around the psychologically important $60,000 mark, the race to six figures has once again become crypto’s favorite guessing game.
Prediction market traders are pricing some of the most bearish bitcoin outlooks of 2026, with more than $75 million in combined volume flowing into Polymarket and Kalshi contracts that see a $50,000 floor before a $100,000 ceiling.
Lawrence Lepard, investment manager and author of “The Big Print,” told RE:Bitcoin host Chase Palmieri that the U.S. Federal Reserve under chair Kevin Warsh is running a deliberate deception on markets, and that bitcoin near $59,000 sits in one of its cheapest historical positions relative to the power law model.
A Monday filing would mark Strategy's fourth straight week of buying, after a 520 BTC purchase on June 22 that was its smallest recent tranche.
Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.
The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional four-year halving cycle has changed, although several analysts continue to expect further downside.
$59,935.00 -0.32%
$1.20T Market Cap
$21.19B Total Volume (1.76%)
$126,080 All Time High -52.46%
until new daily candle
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